alleryStart learning →Software of Rs 9 lakh, 3 year life, straight-line, nil residual. Value after 2 years?
ARs 3 lakh
BRs 4.5 lakh
CRs 6 lakh
DRs 1.5 lakh
Answer & Solution
Correct answer: A. Rs 3 lakh
Annual charge is 9/3 = Rs 3 lakh, so after two years the carrying amount is 9 - 6 = Rs 3 lakh.
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